3 Ransomware Group Newcomers to Watch in 2024
Jan 15, 2024
Ransomware / Cybercrime
 The ransomware industry surged in 2023 as it saw an alarming 55.5% increase in victims worldwide, reaching a staggering 4,368 cases.   Figure 1: Year over year victims per quarter  The rollercoaster ride from explosive growth in 2021 to a momentary dip in 2022 was just a teaser—2023 roared back with the same fervor as 2021, propelling existing groups and ushering in a wave of formidable newcomers.  Figure 2: 2020-2023 ransomware victim count  LockBit 3.0 maintained its number one spot with 1047 victims achieved through the  Boeing  attack, the Royal Mail Attack, and more.  Alphv  and  Cl0p  achieved far less success, with 445 and 384 victims attributed to them, respectively, in 2023.   Figure 3: Top 3 active ransomware groups in 2023  These 3 groups were heavy contributors to the boom in ransomware attacks in 2023, but they were not the sole groups responsible. Many attacks came from emerging ransomware gangs such as  8Base , Rhysida, 3AM, M...